4505 Evening Shadows Dr
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Listed by Gingrich Group, LLC | $549,000 | |
| Listed by Gingrich Group, LLC | |||
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This stunning modern farmhouse should check all of the boxes. Fully remodeled, this home has new flooring, new roof, new tankless water heater, all new interiors, fresh landscaping, detached garage that is fully remodeled and has epoxy floor, everything is sure to impress. The lot is exquisite with endless mature oak trees and sits on just under an acre. Tons of privacy and lots of shade. The kitchen will include a 36" stainless range, wood vent hood cover to match the cabinets and the custom laundry doors are shaker style and will be installed this coming week.
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| May 13, 2024 | Sold | ||
| Sold | |||
| Nov 29, 2023 | Listed by Gingrich Group, LLC | $99,999 | |
| Listed by Gingrich Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017